TEUs of Non-Vessel-Operating Common Carriers (NVOs) showed positive growth in November with the top 100 NVOs posting a 1.59% increase from October 2010 and a 30% increase from November 2009. This month breaks the streak of negative posts from October and September. It is interesting to note that even though TEUs from NVOs were up this month, overall TEU imports were down 0.92% from October and up 14.23% from November 2009.
About 65% of the top 100 NVOs posted positive growth over October 2010, a significant increase from the previous month with only 25% posting positive growth. Hecny Shipping Limited, at number 8, boasted almost 20% growth over October 2010 and over 50% growth from November 2009.
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About the 3PL News NVO Update
This report has been prepared exclusively for 3PL News by Zepol Corporation, a provider of the most complete and up-to-date trade data to organizations around the world. For more information on its industry leading trade data tools, please visit www.zepol.com